Orion Industries

Analysis

Orion Industries is a registered charity in United States, based in Auburn, WA. It received its IRS tax-exemption ruling in February 1959, 67 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Orion Industries reported income of $32.3m and spending of $32.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $40.1m to $32.3m (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Orion Industries sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WA. Charities of a similar size with the same main cause include Movement Strategy Center ($32.3m), Icast Internationl Center for Appropriate & Sustanabl Technology ($32.4m) and Craft3 ($32.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $1.9m (6.0% of expenses). Other salaries and wages came to $8.6m. At year end it held assets of $29.8m against liabilities of $9.5m, net assets of $20.3m. It reported 446 employees.